Payrix, the acknowledged industry leader in embedded fintech, today announced an extension of its Series A financing - led by Blue Star Innovation Partners ("BSIP") and Providence Strategic Growth ("PSG"), the growth equity affiliate of Providence Equity Partners. The capital aims to help Payrix scale and enhance its product suite and team, accelerate into global markets and continue to obsessively focus on customer experience and delight.

Payrix enables vertically-focused SaaS companies to embed and manage payments natively within their software, securing additional recurring revenue and creating an awesome experience. Payrix provides the tools to create a seamless, embedded user experience, and offers clients the choice of payment facilitation-as-a-service (PFaaS) or a full payment infrastructure (payment IaaS) product based on business appetite. Payrix is a cloud built, API-first platform that is highly flexible, customizable and scalable.